Brands
Sterlite Group names Sumil Mathur as new group CFO
Financial veteran joins to power growth, boost strategy and energy transition
MUMBAI: Sterlite Electric, Resonia Ltd., and Serentica Renewables have announced the appointment of Sumil Mathur as group chief financial officer (group CFO).
With nearly 30 years of leadership experience, Sumil is set to steer the group’s financial strategy, governance, and capital framework. He will oversee risk management and financial transformation to fuel sustainable growth and long-term value creation across the companies.
Before joining Sterlite Group, Sumil served as CFO and COO at Emaar India Limited, where he helped shape the company’s post-demerger strategy. His tenure was marked by tighter financial discipline, value creation through asset monetisation, and building scalable project pipelines aligned with long-term objectives.
Sterlite Electric managing director and Resonia Limited and Serentica Renewables chairman Pratik Agarwal, welcomed the appointment, he said, “We are thrilled to have Sumil Mathur on board. His experience in financial leadership and complex transformations will be invaluable as we scale our platforms and strengthen foundations to support growth.”
Sumil Mathur commented, “I am excited to join the group at a time when it is playing a key role in strengthening power infrastructure and driving India’s energy transition. I look forward to working with the team to enhance financial resilience and create long-term value for stakeholders.”
Sumil’s career spans senior roles at HCL, Indus Towers, Airtel, and JCB, giving him extensive exposure across infrastructure, real estate, telecommunications, and manufacturing. His expertise covers large-scale project execution, capital planning, and aligning financial strategies with business priorities.
Brands
Hyundai launches updated Ioniq 5 with 84 kWh battery, 690 km range
Priced at Rs 55.7 lakh, adds design, tech and safety upgrades.
MUMBAI: Charge it up, stretch it out, Hyundai’s latest electric upgrade is going the distance, quite literally. Hyundai Motor India Limited (HMIL) has introduced an updated version of its Ioniq 5, packing in a larger 84.0 kWh battery that delivers a claimed range of up to 690 km (ARAI-certified), marking a significant leap in everyday usability for its flagship electric SUV.
Built on Hyundai’s Electric Global Modular Platform (E-GMP), the refreshed IONIQ 5 aims to balance performance with practicality, reducing range anxiety while making long-distance electric travel more viable. The upgrade builds on a model that has already secured global recognition, including the World Car of the Year title.
The changes aren’t just under the skin. On the outside, the SUV gets a sharper, more futuristic look with redesigned front and rear bumpers, new skid plates, sporty alloy wheels, a revised rear spoiler and updated V-garnish lighting, all while retaining its signature Parametric Pixel design.
Inside, Hyundai has focused on making the experience more intuitive. The cabin now features a redesigned three-spoke steering wheel with illuminated pixel elements, dual 12.3-inch displays, and a reworked wireless charging pad integrated with physical controls for seat functions small tweaks that aim to improve day-to-day usability.
On the tech front, the IONIQ 5 gets Hyundai’s Connected Car Navigation Cockpit (ccNC), Controller Over-the-Air (C-OTA) updates, and now supports wireless Android Auto and Apple CarPlay. New additions such as Active Sound Design and in-car payment integration for EV charging reflect a push towards a more seamless, connected ownership experience. Remote immobilisation via Bluelink has also been introduced as an added security layer.
Safety sees incremental upgrades too, with features like Parking Collision-Avoidance Assist (Rear) and side parking distance warnings enhancing manoeuvrability in tight urban spaces.
The updated IONIQ 5 is available in four colour options Gravity Gold Matte, Midnight Black Pearl, Titan Grey and Optic White with an Obsidian Black interior theme.
Priced at Rs 55.7 lakh (ex-showroom), the new IONIQ 5 positions itself as a more rounded offering, less about futuristic promise, and more about making electric mobility fit seamlessly into everyday life.
